Comment by huurtehoog
1 month ago
Every transaction in the financial market is a bet with two sides with opposite beliefs.
I don't get why people make such a big deal off bears and bulls. Everyone is on one of these sides at every investment they make or liquidate.
Zitron does not seem to put his own skin in the game by going short though - He sells bearishness via his substack, podcasts and media appearances.
My point is not that putting your money where your mouth is or shut up.
My point is: all analysis is contingent, there is no point in saying bulls or bears are chronically wrong or that they should beat the market to merit being listened to.